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European Commentary

Major European Markets Close Weak After Cautious Session

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Despite seeing a positive spell after a somewhat sluggish start, the major European markets ended on a weak note on Monday as investors largely stayed cautious, assessing the prospects of fresh talks between the U.S. and Iran, and looking ahead to monetary policy announcements from several top central banks.

Reports saying Iran has sent a peace proposal to the US aimed at easing the ongoing Middle East conflict aided sentiment to some extent.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.